Ridc Of Southwestern Pennsylvania Growth Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251603768 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

Overview

What is Ridc Of Southwestern Pennsylvania Growth Fund?

The Ridc Of Southwestern Pennsylvania Growth Fund is a charitable organization located at 267 Kappa Drive, Pittsburgh, PA 15238. It operates for various public service purposes, as specified in Section 501(C)(3) of the Internal Revenue Code of 1986. The organization's mission is to support a regional economic development group in revitalizing underutilized manufacturing facilities, thereby stimulating business expansion and employment opportunities in economically disadvantaged areas. The Growth Fund's activities fall under the categories of charitable, scientific testing for public safety, literary, educational training, community development, and community conservation.


Official website here: www.ridc.org

Is Ridc Of Southwestern Pennsylvania Growth Fund legitimate?

Ridc Of Southwestern Pennsylvania Growth Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridc Of Southwestern Pennsylvania Growth Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ridc.org

What is the mission statement of Ridc Of Southwestern Pennsylvania Growth Fund?

The Ridc of Southwestern Pennsylvania Growth Fund operates with a charitable mission, focusing on scientific testing for public safety, literary pursuits, educational training, community development, and community conservation, all falling under the permissible scope of Section 501(C)(3) of the Internal Revenue Code of 1986. In essence, the organization supports various charitable causes and initiatives, with a primary focus on community development by providing business expansion opportunities in underutilized manufacturing facilities, aiming to generate job opportunities in depressed areas.


Official website here: www.ridc.org

Who is the CEO of Ridc Of Southwestern Pennsylvania Growth Fund?

Marian D Kurta is the President of Ridc Of Southwestern Pennsylvania Growth Fund.


Official website here: www.ridc.org

What is the revenue of Ridc Of Southwestern Pennsylvania Growth Fund?

Ridc Of Southwestern Pennsylvania Growth Fund's revenue in 2022 was $16,116,168.


Official website here: www.ridc.org

Who are the executives of Ridc Of Southwestern Pennsylvania Growth Fund and what are their salaries?

Here are 17 key members and their salaries:

    Smith Donald F Jr (President) [Trustee/Director]
  • Compensation: $0
  • Related: $591,142
  • Other: $37,755

    • White Timothy F (Senior Vp - Development)
  • Compensation: $0
  • Related: $350,027
  • Other: $50,198

    • Goldstrom Michael (Senior Vp - Real Estate)
  • Compensation: $0
  • Related: $272,580
  • Other: $42,452

    • Joyce Dennis M Ret 62022 (Chief Operating Officer)
  • Compensation: $0
  • Related: $215,501
  • Other: $35,728

    • Hobbes Jason W (Corporate Secretary)
  • Compensation: $0
  • Related: $208,624
  • Other: $38,805

    • Pinelli Christopher (Director, Property Mgmt)
  • Compensation: $0
  • Related: $176,487
  • Other: $21,174

    • Heinricher Michael (Director, Asset Management)
  • Compensation: $0
  • Related: $156,437
  • Other: $35,386

    • Buechli John (Construction Manager)
  • Compensation: $0
  • Related: $133,051
  • Other: $33,960

    • Miller Keith (Director Of Site Development)
  • Compensation: $0
  • Related: $146,920
  • Other: $11,180

    • Kurta Marian D 522-1222 (Treasurer)
  • Compensation: $0
  • Related: $107,295
  • Other: $32,409

    • Vicario Mary Jo (Senior Property Manager)
  • Compensation: $0
  • Related: $119,513
  • Other: $17,332

    • Cunningham W H 122-522 (Treasurer)
  • Compensation: $0
  • Related: $97,962
  • Other: $22,615

    • Poremski Colleen B 122-322 (Asst. Corporate Secretary)
  • Compensation: $0
  • Related: $26,267
  • Other: $7,816

    • Kurtzrock Mark Jay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephenson Samuel J (Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hunt William (Director/Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mcnulty Timothy P (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ridc.org

    Where can I find the form 990 for Ridc Of Southwestern Pennsylvania Growth Fund?

    The Ridc Of Southwestern Pennsylvania Growth Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ridc.org

    Learn more at the official website: www.ridc.org

    Mission Statement of Ridc Of Southwestern Pennsylvania Growth Fund

    Ridc of Southwestern Pennsylvania Growth Fund is a charitable organization with a mission to serve various public purposes within the scope of Section 501(c)(3) of the Internal Revenue Code of 1986. This nonprofit operates exclusively for scientific testing for public safety, literary, educational training, community development, community conservatism, and other public service purposes.

    In simple terms, Ridc of Southwestern Pennsylvania Growth Fund supports a regional economic development organization in its mission to provide business expansion and job opportunities in underutilized communities. The organization achieves this goal through the adaptive re-use development of underutilized manufacturing facilities. By doing so, Ridc plays a vital role in transforming neglected areas and revitalizing them economically.

    Additionally, Ridc's activities extend beyond economic development. The organization supports charitable causes, scientific testing for public safety, and educational training programs. These efforts demonstrate a strong commitment to enhancing the well-being of communities and contributing to their overall growth and progress.

    In summary, Ridc of Southwestern Pennsylvania Growth Fund is a dynamic and multifaceted nonprofit organization that is dedicated to improving communities through various means. By focusing on business expansion, job opportunities, and community development, Ridc plays a significant role in revitalizing underutilized areas and creating a positive impact on the lives of those it serves.

    Impact

    This information is meant to be a general summary of Ridc Of Southwestern Pennsylvania Growth Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ridc Of Southwestern Pennsylvania Growth Fund provides crucial support to an exempt regional economic development organization with the aim of fostering business expansion and creating job opportunities in depressed communities. Through adaptive re-use development of underutilized manufacturing facilities, the organization contributes to revitalizing these areas and stimulating economic growth. Its impact is evident in the tangible improvements seen in community development, job creation, and overall economic enhancement within the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,577,041
  • Program Service Revenue: $2,664,304
  • Gross Receipts: $16,116,168

    • Assets and Liabilities:
  • Total Assets: $113,446,644
  • Total Liabilities: $110,875,489
  • Net Assets: $2,571,155
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $2,625,910

    SERVICE & MANAGEMENT

    Revenue

    $38,394

    Organization Details

    Founding Year

    1989

    Principal Officer

    Marian D Kurta

    Main Address

    267 KAPPA DRIVE, PITTSBURGH, PA, 15238

    NTEE Category

    Code: S30 - Community improvement

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